How Does Bitcoin Work? Bitcoin Explained for Beginners

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testing battle ground

/beermoney is a community for people to discuss **online** money-making opportunities. You shouldn't expect to make a living, but it's possible to make extra cash on the side for your habits/needs.
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I’ve been watching videos on bitcoin trying to educate myself but I still don’t know how it works oddly enough

Like how do you make money from bitcoin,what are you doing specifically?
submitted by luuvlyyflowers to BitcoinBeginners [link] [comments]

08-31 07:44 - 'This is how i think it works. / If you look close at the video, you can see what is going on: / 1. The machine shows a QR code (a LN invoice) 2. The customer scans the QR with the mobile phone 3. The customer pays the invoi...' by /u/beinardus removed from /r/Bitcoin within 489-499min

'''
This is how i think it works.
If you look close at the video, you can see what is going on:
  1. The machine shows a QR code (a LN invoice)
  2. The customer scans the QR with the mobile phone
  3. The customer pays the invoice
  4. The cryptographic proof of payment is shown back to the machine
  5. The motor starts running
  6. Goto step 1
The machine is offline. In step 3, the customer does not communicate to the node embedded in the machine, but an online node that mirrors this node.
In step 4, the node embedded in the machine is able to verify the proof of payment, because it has to match the invoice of step 1.
I don't know if these proof of payment QR codes (step 4) are new. I have not seen them before.
'''
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Author: beinardus
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05-11 17:25 - 'My post about BarelySociable's video was deleted for being a duplicate, which is OK, but they have also deleted the original post. Is this how removing duplicates work?' (i.redd.it) by /u/capsaicinate removed from /r/Bitcoin within 94-104min

My post about BarelySociable's video was deleted for being a duplicate, which is OK, but they have also deleted the original post. Is this how removing duplicates work?
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Author: capsaicinate
submitted by removalbot to removalbot [link] [comments]

The BPro is a token for Bitcoin Holders. Wondering what the BPro is and how it works? Here's a video where Tech With Catalina explains in detail about the second token on the MoneyOnChain platform, don't miss it!

The BPro is a token for Bitcoin Holders. Wondering what the BPro is and how it works? Here's a video where Tech With Catalina explains in detail about the second token on the MoneyOnChain platform, don't miss it! submitted by Maritu_ to MoneyOnChain [link] [comments]

06-02 12:24 - 'Good and clear video for understanding the concept of trust management of digital assets: why do we need it, how it works, staking, tokenomics, etc.' (youtu.be) by /u/JasonShelby1 removed from /r/Bitcoin within 27-37min

Good and clear video for understanding the concept of trust management of digital assets: why do we need it, how it works, staking, tokenomics, etc.
Go1dfish undelete link
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Author: JasonShelby1
submitted by removalbot to removalbot [link] [comments]

04-05 18:24 - 'KITKAT TRADING SYSTEM DEMO VIDEO - HOW IT WORKS?' (youtube.com) by /u/dworldforumteam removed from /r/Bitcoin within 76-86min

KITKAT TRADING SYSTEM DEMO VIDEO - HOW IT WORKS?
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Author: dworldforumteam
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A video I made to share with people outside of the Bitcoin community. It describes why Bitcoin is necessary and how the fiat system works against us. Hopefully it will be of use to you all. HODL my friends!

A video I made to share with people outside of the Bitcoin community. It describes why Bitcoin is necessary and how the fiat system works against us. Hopefully it will be of use to you all. HODL my friends! submitted by Pleasurepack to Bitcoin [link] [comments]

Here's a 30 minute video presentation I made explaining what is Bitcoin, how it works and what facets it has to potentially change society. Hope you find it helpful!

Here's a 30 minute video presentation I made explaining what is Bitcoin, how it works and what facets it has to potentially change society. Hope you find it helpful! submitted by Antranik to CryptoCurrency [link] [comments]

How does Bitcoin work? I know the answer but it's an interesting video broadcasted on Deutsche Welle

How does Bitcoin work? I know the answer but it's an interesting video broadcasted on Deutsche Welle submitted by UnhappyImagination to Bitcoin [link] [comments]

[Informative Video] Today I have posted my first video. It is about how Bitcoins (and other cryptocurrencies) work.

I would really appreciate to receive some advice and critique on my video. (Maybe some advice to help me sound more comfortable when talking to a microphone :) ).
I tried to make it as easy to understand as I could, while trying to touch some more in depth topics. My main focus was for the viewer to understand the overall idea of how cryptocurrencies work and not having to search for different mentioned notions. A critique of the quality of animations and the visual representation would also be welcomed, this being the first time I have ever done animation work.
Strengths: I think that the aninations turned out quite well, and the information presented is well balanced.
Weaknesses: The quality of the audio is deffinetly a huge downside, and the information could have been presented better.
A link to the video: https://www.youtube.com/watch?v=baQmGvSyj7o
submitted by alexge50 to NewTubers [link] [comments]

The video about how Bitcoin works under the hood now has Spanish and Russian captions. I hope it helps.

The video about how Bitcoin works under the hood now has Spanish and Russian captions. I hope it helps. submitted by zordycor to Bitcoin [link] [comments]

Best video to show your nocoiner friends what bitcoin is and how it works under 3 minutes

Best video to show your nocoiner friends what bitcoin is and how it works under 3 minutes submitted by SimilarAdvantage to BitcoinAll [link] [comments]

Best video to show your nocoiner friends what bitcoin is and how it works under 3 minutes

Best video to show your nocoiner friends what bitcoin is and how it works under 3 minutes submitted by frankreport to Bitcoin [link] [comments]

This timeline video shows how Martti Malmi ported the first Bitcoin sourcecode from SourceForge to github, how Satohi and him worked on it for about a year and then Gavin Andressen joined in. It's important to know the people that build most of Bitcoin.

This timeline video shows how Martti Malmi ported the first Bitcoin sourcecode from SourceForge to github, how Satohi and him worked on it for about a year and then Gavin Andressen joined in. It's important to know the people that build most of Bitcoin. submitted by ABitcoinAllBot to BitcoinAll [link] [comments]

New Scientist keeps pumpin, newest bitcoin feed: "Bitcoin - you know the buzzword, now master how it actually works with our video guide"

New Scientist keeps pumpin, newest bitcoin feed: submitted by ImNotRocketSurgeon to Bitcoin [link] [comments]

A video I made to share with people outside of the Bitcoin community. It describes why Bitcoin is necessary and how the fiat system works against us. Hopefully it will be of use to you all. HODL my friends!

A video I made to share with people outside of the Bitcoin community. It describes why Bitcoin is necessary and how the fiat system works against us. Hopefully it will be of use to you all. HODL my friends! submitted by HiIAMCaptainObvious to BitcoinAll [link] [comments]

How does Bitcoin work? I know the answer but it's an interesting video broadcasted on Deutsche Welle

How does Bitcoin work? I know the answer but it's an interesting video broadcasted on Deutsche Welle submitted by HiIAMCaptainObvious to BitcoinAll [link] [comments]

If you want to get a better understanding of how Bitcoin works, 3Blue1Brown has a great video on it.

If you want to get a better understanding of how Bitcoin works, 3Blue1Brown has a great video on it. submitted by ustainbolt to PKA [link] [comments]

I'm incredibly new, but after talking to friends, watching videos and understanding how it works i put my first $1,000 into BTC... /r/Bitcoin

I'm incredibly new, but after talking to friends, watching videos and understanding how it works i put my first $1,000 into BTC... /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Video: How Bitcoin works & why its giving Banks and Governments a run for their money!

Video: How Bitcoin works & why its giving Banks and Governments a run for their money! submitted by dustymcmusty to Bitcoin [link] [comments]

What are the best resources (book/video/courses/whatever) for learning how bitcoin work and its market insights? /r/Bitcoin

What are the best resources (book/video/courses/whatever) for learning how bitcoin work and its market insights? /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

We Tested Bic Camera's Bitcoin Payment System in Tokyo, How Did it Work? (Video)

We Tested Bic Camera's Bitcoin Payment System in Tokyo, How Did it Work? (Video) submitted by BitcoinAllBot to BitcoinAll [link] [comments]

What is Bitcoin? (v1) - YouTube Bitcoin: How Cryptocurrencies Work - YouTube How Does BitCoin Work? - YouTube What is Bitcoin Mining and How does it Work What Is Bitcoin? - How It Works and How To Get Them

This video is fully about What is bitcoin and how it works . So watch this video till end to know about the topic. The topic may be our imagination or about fascinating facts that are helpful to all people and to know more about the particular information send a comment to us on the channel discussion and we will reply you shortly. Please subscribe the channel and send us a feedback. Check out ... To see how this works, let’s look at how you’d buy something with cryptocurrency. Say that Alice wants to buy a bike from Dan using Bitcoin, her cryptocurrency of choice. Alice begins by ... This video explains how Bitcoin works in 3 minutes. See more of our videos about cryptocurrencies here Cryptocurrency Videos. Directed, Designed and Animated by Duncan Elms - duncanelms.com anotherplace.tv Written and Voiced by Marc Fennell - marcfennell.com Sound Design by Sebastian Oliwa - oliwa.tv Updated in September 2014. This is "QTrex Bitcoin Smart Technology - How It Works" by Upload Account FENT on Vimeo, the home for high quality videos and the people who love them. Once bitcoin futures hit the CME Group, the price of bitcoin skyrocketed to nearly $20,000. Think of it this way: If you'd invested $100 on January 1, 2011, when one bitcoin was valued at .30 ...

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What is Bitcoin? (v1) - YouTube

Thanks to Away for sponsoring this video! Go to https://www.awaytravel.com/techquickie and use promo code techquickie to get $20 off your next order! Bitcoin... Whether or not it's worth investing in, the math behind Bitcoin is an elegant solution to some complex problems. Hosted by: Michael Aranda Special Thanks: Da... This video explains how mining works and how transactions are verified, if you should consider Bitcoin mining and also explains a bit about the overall Bitcoin ledger as compared to banks and ... What is Bitcoin? In this video we delve into what Bitcoin is, why it works, how it works and how you can make make money from Bitcoins. -----... An estimated £3-4 billion is being laundered via cryptocurrencies in Europe every year, the director of Europol has told the BBC. It comes as the Shadow Trea...

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